| "All Pro" Series of Separate Accounts The cornerstone of Selector+ is our proprietary "All Pro" series of Nationwide Financial Network'sSM managed separate accounts. Developed in conjunction with Wilshire Associates, the "All Pro" series brings diversification to a new level. Through our buying power and close working relationship with Wilshire Associates, we bring to the small and medium-sized plan market the same institutional money management skills, investment philosophy and due diligence employed by the country's largest pension plans. Nationwide Financial Network Retirement Services uses a unique style-specific, multi-manager approach in our "All Pro" equity and bond separate accounts. This approach is available to plan sponsors through the Nationwide Life Insurance Company of America's Selector + Group Variable Annuity Contract. The Multi-Manager Approach The multi-manager approach employed by our "All Pro" series of separate accounts seeks to achieve three primary investment objectives: - Reduced Volatility - Increased Diversification - Style-Specific Orientation Reduced Volatility Through the use of multiple managers in each "All Pro" separate account, the likelihood of one manager's return having a drastic effect on the overall fund's performance is reduced to the percentage of the fund they control. Long-term, this seeks to reduce the variability of the fund's returns around its benchmark. Increased Diversification By using more than one manager, the "All Pro" separate account are able to capture "sub-styles" that exist in the various sectors of the market. In this way, the fund is designed to better track its intended benchmark and further reduce volatility through a diverse set of holdings. Style-Specific Orientation Implementation represents the next largest determinant of portfolio performance. The need for investment options that "do what they say they will do" is crucial to establishing a portfolio designed to meet long-term asset allocation decisions. The "All Pro" separate accounts are designed with specific objectives, and they are monitored continually to help ensure that they remain in line with these intended objectives. The "All Pro" separate accounts are developed in conjunction with our consultant, Wilshire Associates. Through the use of Wilshire's extensive database of money managers, potential candidates are evaluated on numerous qualitative and quantitative factors. Chosen managers are then allocated their portion of the portfolio in such a manner as to control the risk exposure as compared to the fund's target benchmark. For more information on Wilshire Associates and the benefits they bring to Nationwide Financial Network Retirement Services' group variable annuity contract, visit their web page: Consulting Services. (www.wilshire.com) |
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